Reeds Cumbria Ltd

Key Facts

Net Assets

Current: £870,864

Previous: £963,462

Change: -92,598 (-9.6%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £777,488

Previous: £875,605

Change: -£98,117 (-11.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £159,220

Previous: £143,325

Change: +£15,895 (+11.1%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £133,405

Previous: £274,520

Change: -£141,115 (-51.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £518,758

Previous: £601,085

Change: -£82,327 (-13.7%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £485,511

Previous: £362,377

Change: +£123,134 (+34%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 36

Previous: 40

Change: -4 (-10%)

Comment: A noticeable staff reduction.